New Delhi, March 12 (IANS) The Central Bureau of Investigation (CBI) conducted coordinated searches at 15 locations across Delhi, Rajasthan, Uttar Pradesh and Punjab in connection with a large-scale organised online investment and part-time job fraud, an official statement said on Thursday. The fraud is linked to offshore withdrawals and overseas fintech platforms, predominantly the Dubai-based “Pyypl”.The case was registered by the CBI based on inputs received from the Indian Cyber Crime Co…
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New Delhi, Feb 28 (IANS) Highways and highstreets are emerging as the new demand engines and the 3Fs — fuel, food and fashion — are driving tier 3-5 towns to grow twice as fast as their metro peers, a report showed on Saturday.Decentralisation of demand and rapid premiumisation are accelerating India’s retail transformation, according to a new report by ClarityX, an AI-driven data analytics and consulting firm supported by MapmyIndia founders and Mastercard. Tier 3–5 cities are growing alm…
New Delhi, Feb 21 (IANS) India’s Unified Payments Interface (UPI), the world’s largest real‑time payments system, has proved that inclusion and scale can go together and that a “public, interoperable model can surpass private networks,” a new report said.The report from Interest.co.nz said it offers a template for developing countries in Asia, Africa and Latin America to achieve rapid digital‑payments growth without dependence on multinational corporations.”It is no wonder that internati…
Washington, Feb 19 (IANS) Brazilian President Luiz Inacio Lula da Silva’s visit to India for the ongoing AI Impact Summit, followed by a full-fledged state visit, signals a deliberate attempt by the two largest democracies of the Global South to elevate ties beyond multilateral coordination and into a deeper economic and strategic partnership, a senior US-based economist working on India-Brazil ties has said. “This Brazil visit is very significant,” said Dr Anit Mukherjee, Senior Fellow at ORF A…
Mumbai, Feb 11 (IANS) Rapper Flipperachi, whose track ‘FA9LA’ set the social media on fire, is set to perform in Mumbai on March 13, 2026. The concert promises an immersive live experience, combining Flipperachi’s signature sound with high-octane visuals and crowd-driven moments that have become a hallmark of his shows.Talking about the same, Flipperachi said, “India has shown me incredible love, and Mumbai is a city I’ve always wanted to perform in. The energy, the people, the culture…
New Delhi, Jan 13 (IANS) Shares of major US card issuers and banks, including American Express, have tumbled after President Donald Trump called for a cap on credit‑card interest rates at 10 per cent for a year.American Express fell about 4.28 per cent to $359 and Capital One plunged 6.4 per cent, its largest drop in nine months. American Express Co shares are down 5.33 per cent in the past five days.Citigroup declined 3 per cent, Wells Fargo eased 1 per cent and Synchrony Financial plunged 8….
New Delhi, Jan 10 (IANS) PhonePe Payment Gateway (PhonePe PG) on Saturday announced the launch of ‘PhonePe PG Bolt’ for Visa and Mastercard Credit and Debit card transactions.The solution utilises device tokenisation to provide a secure and efficient in-app checkout experience for PhonePe platform users and merchant partners.This feature allows users to tokenise their Mastercard and Visa cards once on the PhonePe app, enabling them to use their saved cards across any merchant integrated with…